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Business, 14.11.2019 18:31 makayyafreeman

You have just purchased a new car! you made a down payment of $5,000 and financed the balance. according to the purchase agreement, you must pay $600/month for four years, beginning one month from today. the credit agreement is based on an annual interest rate of 12%. what was the cost of the car? select one:

a. 6,822
b. 22,784
c. 27,784
d. 28,800
e. none of the above

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